Scams Archives - Page 6 of 6 - Bankruptcy Attorney in Brooklyn, New York

Debt management and debt settlement companies invade Twitter-sphere!

Leave a Comment / Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Credit Counseling, Creditors, Debt, Scams / By Matt Leichter

Since setting up a Twitter account (http://twitter.com/nybankruptcynet), I’ve acquired a number of followers who are both nice and interesting. However, there are two categories of Twitter followers who are more persistent than others and who I block every time: Representatives of the oldest profession, and Debt settlement and debt management companies (I apologize for having …

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Debt settlement company exposed by ABC News

Leave a Comment / Bankruptcy, Creditors, Debt, Scams / By Matt Leichter

“We’ll help you settle your debts for pennies on the dollar.” Sound familiar? Maybe you’ve seen these Credit Solutions ads on TV, on the internet or even in the New York subway. ABC News recently ran a segment where they investigated Credit Solutions and the debt settlement industry, which revealed that the debt settlement company …

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Bankruptcy Myths on New York’s CBS News

Leave a Comment / Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Credit Counseling, Debt, Scams / By Matt Leichter

If you’re considering filing for bankruptcy lawyer Brooklyn NY, this news report by New York’s CBS News is worth a quick watch. Though interestingly, towards the end of the report reporter Kirstin Cole rightfully point out to be wary of debt settlement companies. However, at the very end the anchor seemingly contradicts Cole by instructing …

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Understanding your credit score in the new economy

Leave a Comment / Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Credit cards, Debt, Scams / By Matt Leichter

A recent Washington Post article on credit scores (“Credit Score Shell Game“) is very illuminating. It’s one more example of how the world of credit cards is getting less warm and fuzzy and how struggling Americans can get scammed in the process. The gist of it is that: Credit scores are becoming more important as …

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Love in the Time of Foreclosure

Leave a Comment / Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Foreclosure, Loan modification, Mortgage, Scams / By Matt Leichter

If Gabriel Garcia Marquez had struggled with his mortgage, he might have written Love in the Time of Foreclosure (http://loveinthetimeofforeclosure.blogspot.com). Instead, it’s a blog being currently written by a young woman in California describing the process of going through a foreclosure and her efforts to stay positive and keep perspective on everything. On the topic …

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Don’t believe the hype: Credit counseling services and debt settlement companies

Leave a Comment / Credit Counseling, Scams / By Matt Leichter

Watch out for credit counseling ads with language like this: negotiate to alter your total debt – instantly! We negotiate your interest rate! Pay one bill per month while paying off your debt quickly! One simple monthly payment! Non-Profit Agency means the lowest fees! I always strongly advise my clients (as well as everyone else …

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Chapter 13 – Watch out for scams

Leave a Comment / Chapter 13 Bankruptcy, Scams / By Matt Leichter

This post is intended to let you know about a particular kind of scam to watch out for, especially for debtors in a Chapter 13 bankruptcy case. In a nutshell, scammers often try to take advantage of people who are in need of a job. This affects people who have filed for Chapter 13 bankruptcy …

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